SEPAN Wants Equality In Power Sector Funds Allocation

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The Sustainable Energy Practitioners of Nigeria (SEPAN), says it is critical for the federal government to give equality to all power sector operators in the disbursement of the 2013 electricity stabilisation funds.

The President of SEPAN, Dr. Magnus Onuoha, gave the advice in an interview in Abuja, recently.
He said that the non-access to the Electricity Stabilisation Fund by renewable energy developers in the country is one of the reasons renewable energy technologies are expensive in the country and is not good for the development of the sector.

“A situation where when some people enjoy subsidy/interventions while others do not does not augur well for the growth of the sector.”

He said that if renewable energy developers had enjoyed at least 50% of government intervention, the country’s power sector will experience improvement. He said it was essential that the government show zeal towards ensuring that renewable and energy efficient sources are mainstreamed as investment with private sector participation. Onuoha said there was also the need to domesticate the nation’s science and technology innovations in renewable and energy efficient sources for sustainability. He called on stakeholders, researchers and inventors to share knowledge, to help  grow the sector.The SEPAN President also advocated a collaborative effort between the federal, state governments and private sector, to support training and job creation provided by off-grid renewable energy market for technicians, installers and artisans. The Minster of Power, Works and Housing, Mr Babatunde Fashola, had said recently at a forum in  Abuja, that the  Federal Government was not ready to  give more subsidy to the power sector at the moment.

The SEPAN President also advocated a collaborative effort between the federal, state governments and private sector, to support training and job creation provided by off-grid renewable energy market for technicians, installers and artisans. The Minster of Power, Works and Housing, Mr Babatunde Fashola, had said recently at a forum in  Abuja, that the  Federal Government was not ready to give more subsidy to the power sector at the moment.

The SEPAN President also advocated a collaborative effort between the federal, state governments and private sector, to support training and job creation provided by off-grid renewable energy market for technicians, installers and artisans. The Minster of Power, Works and Housing, Mr Babatunde Fashola, had said recently at a forum in  Abuja, that the  Federal Government was not ready to give more subsidy to the power sector at the moment.
Fashola said that government had earlier channelled 213 billion electricity stabilisation fund into the sector.

The minister said the Federal Government would focus more on governance issues rather than give out more funds as subsidy to the sector.

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